StubHub plans to IPO this summer with a target valuation of at least $16.5 billion
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StubHub plans to conduct an IPO this summer with a target valuation of at least $16.5 billion. StubHub is an online ticketing service company founded in 2000, acquired by eBay in 2007, and bought back by its founders for $4 billion in 2020. Its competitor, SeatGeek, is also evaluating the possibility of going public this year. If StubHub enters the public market, it will compete with Vivid Seats and Live Nation Entertainment. Following the COVID-19 pandemic, there has been an increased demand for outdoor entertainment and experiences, stimulating revenue growth for ticketing companies
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